EURUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.1123 had completed at 1.1326 already. Further fall would likely be seen over the next several days, and next target...
The USD/JPY pair fell during the course of the session on Monday, as currency traders around the world started to buy the Japanese yen as a bit of a safety bid. However, I think that there is...
The USD/CAD pair initially tried to rally during the course of the day on Monday, but turn right back around and form a bit of a shooting star. Ultimately, this is a market that looks likely to...
The GBP/USD pair rose slightly during the course of the session on Monday, as we continue to see quite a bit of volatility. The 1.34 level above looks to be resistive, and it extends all the way...
The EUR/USD pair went back and forth during the day on Monday, as we continue to try to find our footing in this market. The market will continue to see volatility, as we are simply waiting to...
The Australian dollar initially fell during the course of the session on Monday, testing the 0.75 level. However, this large, round, psychologically significant number offers a buying opportunity on a break above the top the hammer, and...
GBPJPY has formed higher lows and lower highs on its 4-hour chart, creating a symmetrical triangle pattern. The pair is just coming off a test of the resistance and might be aiming for the bottom of the...
Being contained by 1.3147 resistance, USDCAD pulled back from 1.3123. However another rise to test 1.3147 resistance is still possible after a minor consolidation. Support is at 1.2980, only break below this level could bring price back...
USDJPY is facing 101.20 support, a breakdown below this level will signal resumption of the downtrend from 104.31, then further decline to test 99.52 support could be seen. Resistance is now at 103.05, only break above this...
Being contained by 0.7489 support, AUDUSD rebounded from 0.7493. However another fall to re-test this support level is still possible after a minor consolidation, below this level will indicate that the uptrend from 0.7144 (May 24 low)...
